Bill Status of SB2268  99th General Assembly

Short Description:  ABLE ACCOUNTS-CLEAN UP

Senate Sponsors
Sen. Scott M. Bennett

House Sponsors
(Rep. Kelly M. Burke, Jack D. Franks, Carol Ammons and Linda Chapa LaVia)

Last Action
DateChamber Action
  7/15/2016SenatePublic Act . . . . . . . . . 99-0563

Statutes Amended In Order of Appearance
15 ILCS 505/16.6

Synopsis As Introduced
Amends the State Treasurer Act. Provides that the State Treasurer may accept contributions for ABLE accounts once the Internal Revenue Service has issued either interim guidance or final regulations (currently, only final regulations). Provides that ABLE accounts may also be established for residents of other states (currently, only residents of Illinois). Makes technical corrections. Effective immediately.

DateChamber Action
  1/27/2016SenateFiled with Secretary by Sen. Scott M. Bennett
  1/27/2016SenateFirst Reading
  1/27/2016SenateReferred to Assignments
  2/3/2016SenateAssigned to State Government and Veterans Affairs
  2/18/2016SenateDo Pass State Government and Veterans Affairs; 006-000-000
  2/18/2016SenatePlaced on Calendar Order of 2nd Reading March 1, 2016
  3/2/2016SenateSecond Reading
  3/2/2016SenatePlaced on Calendar Order of 3rd Reading March 3, 2016
  4/12/2016SenateThird Reading - Passed; 052-000-000
  4/12/2016HouseArrived in House
  4/14/2016HouseChief House Sponsor Rep. Kelly M. Burke
  4/14/2016HouseFirst Reading
  4/14/2016HouseReferred to Rules Committee
  4/18/2016HouseAssigned to Revenue & Finance Committee
  4/27/2016HouseTo Income Tax Subcommittee
  5/5/2016HouseRecommends Do Pass Subcommittee/ Revenue & Finance Committee; 006-000-000
  5/5/2016HouseRemains in Revenue & Finance Committee
  5/5/2016HouseDo Pass / Short Debate Revenue & Finance Committee; 010-000-000
  5/5/2016HousePlaced on Calendar 2nd Reading - Short Debate
  5/10/2016HouseSecond Reading - Short Debate
  5/10/2016HousePlaced on Calendar Order of 3rd Reading - Short Debate
  5/11/2016HouseThird Reading - Short Debate - Passed 114-000-000
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. Jack D. Franks
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. Carol Ammons
  5/11/2016HouseAdded Alternate Co-Sponsor Rep. Linda Chapa LaVia
  5/11/2016SenatePassed Both Houses
  6/9/2016SenateSent to the Governor
  7/15/2016SenateGovernor Approved
  7/15/2016SenateEffective Date July 15, 2016
  7/15/2016SenatePublic Act . . . . . . . . . 99-0563